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Argo Blockchain Plans US Listing in Q3
The bitcoin mining firm said it submitted a draft registration statement to the SEC.
Argo Blockchain, a U.K.-listed bitcoin mining firm, said it expects to sell shares in the U.S. in the third quarter subject to regulatory approval.
STORY CONTINUES BELOW
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- The London-based company said Wednesday it submitted a draft registration statement to the U.S. Securities and Exchange Commission (SEC) for the sale of American depositary shares.
- The sale is subject to SEC approval as well as to the state of the market and other conditions.
- The number of shares and price range haven't been set yet.
- Earlier this month, Argo announced its intentions for a secondary listing on Nasdaq, without revealing any further details.
Read more: Argo Blockchain Secures $20M Bitcoin-Backed Loan to Expand Texas Data Center
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
